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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

811 Franklin Ave Sesser, IL 62884

8,125 SF 0.74 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional value-add opportunity presents a 8,125-square-foot vacant storefront located at 811 E Franklin Ave, Sesser, IL 62884. Formerly occupied by Dollar General, this single-story building, constructed in 1998, sits on a 0.74-acre lot and boasts 28 parking spaces. The property features a recently installed new roof and is situated on a main retail corridor, benefiting from high visibility and proximity to other established businesses including a new Dollar General location, demonstrating the area's strong retail potential. Neighboring businesses include Anchor Grille, Jeffrey Minor Dentistry, and Debutante Beauty Salon. The property's strategic location near Rend Lake and Rend Lake College (enrollment 2,017 students in 2022-2023) ensures consistent traffic and a diverse customer base. The asking price is $250,000, representing $30.77 per square foot. The property is zoned commercial and offers significant potential for lease income generation exceeding current market rates. The building's excellent condition and prime location make it an ideal investment for savvy buyers seeking a strong return on investment. The property is offered fee simple with APN 0113283004. The previous tenant, Dollar General, occupied the space for an extended period, renewing their lease multiple times before relocating to a larger space nearby, highlighting the area's retail viability.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1998
Total area 8,125 SF
Lot 0.74 ac (32,234 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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